Expedia Group shows B2B growth with new partnerships, tech features
Expedia has announced new partnerships and tech features aimed at expanding its already vast partner network
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Expedia has announced new partnerships and tech features aimed at expanding its already vast partner network
Each quarter, we analyze and share insights from our first-party data to show how traveler search and booking behavior is evolving, giving partners insight to inform their strategy. Our Q4 2022 data showed promising signals pointing to increased traveler optimism and resilience. As we look at data from the first quarter of this year we see that traveler enthusiasm is growing, a positive start for travel in 2023.
Following a strong quarter for Expedia Group's B2B segment where it delivered 55% in revenue growth compared to 2022, the Company announced new partnerships and tech features aimed at expanding its already vast partner network. Expedia Group's White Label Template and API solutions power travel for more than 400 million loyalty members of some of the biggest financial services companies, airlines and hoteliers worldwide. The announcements came as hundreds of leading travel players met at Expedia Group's EXPLORE 23: Connect conference, held for the first time at its Seattle campus.
Expedia's new unified loyalty program, One Key, was designed to reward not just the most frequent travelers, but also to reward everyday travelers who wouldn't normally qualify for status or rewards from a supplier.
Expedia Group and Mastercard are teaming to power a loyalty points redemption program for travel for participating card issuers.